Panetta next on the hot seat

B_starinvestor

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NEWS ALERT
from The Wall Street Journal

The White House's nominee for director of the CIA, Leon Panetta, has earned more than $700,000 in speaking and consulting fees since the beginning of 2008, with some of the payments coming from troubled banks and an investment firm that owns companies that do business with federal national security agencies. Panetta is set to appear before the Senate Intelligence Committee on Thursday about his nomination.


God I hope he paid his taxes.
 

Industrialsize

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NEWS ALERT
from The Wall Street Journal

The White House's nominee for director of the CIA, Leon Panetta, has earned more than $700,000 in speaking and consulting fees since the beginning of 2008, with some of the payments coming from troubled banks and an investment firm that owns companies that do business with federal national security agencies. Panetta is set to appear before the Senate Intelligence Committee on Thursday about his nomination.


God I hope he paid his taxes.
No you don't
 

MASSIVEPKGO_CHUCK

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NEWS ALERT
from The Wall Street Journal

The White House's nominee for director of the CIA, Leon Panetta, has earned more than $700,000 in speaking and consulting fees since the beginning of 2008, with some of the payments coming from troubled banks and an investment firm that owns companies that do business with federal national security agencies. Panetta is set to appear before the Senate Intelligence Committee on Thursday about his nomination.


God I hope he paid his taxes.
Jeez I'm in the wrong fucking business! How does a CIA guy make 700K?
 

faceking

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$700,000 is a bit of money... but not uncommon for speakers. Clinton is $100K+. We hired Uncle Colin a couple years back for $75K. So maybe a few engagements, plus "consulting" fees. I don't have too much issue with that in itself.

It's the nepotism. And given the rhetoric around Halliburton.... I'd be interested to hear the hypocritical rhetoric that casts Panetta's conflict....
 

faceking

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...and the "bush administration did it too" blather doesn't work for those who spent the last 8 years chastizing it.

what I'm guessing is we'll see (as we already are seeing here in LPSG) that this how DC is run, and you can't get away from it, and the most qualified ppl have their fingers in every pie... so it's impossible to find good ppl without conflicts. the hypocrisy I figured would come in by the summer, but I didn't figure it to pour in the first month.
 

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I wonder if Obama will have anyone left in the Cabinet; or if they will just completely clean house and start over. I hope some of these people haven't already moved their families, put in forwarding information to post office etc., when they are just being sent back home on a daily basis.

If Panetta gets sent packing too, Obama's really in deep shit.
 

B_VinylBoy

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And given the rhetoric around Halliburton.... I'd be interested to hear the hypocritical rhetoric that casts Panetta's conflict....

Sure... let's look at the "rhetoric" around Halliburton:
Key numbers for fiscal year ending December, 2007:
Sales: $15,264.0M
One year growth: (32.4%)
Net income: $3,499.0M
Income growth: 49.0%

Halliburton Company: Information from Answers.com
Corporate Profile - Halliburton

When we can find a "liberal" nominated by Obama who has made income gains & revenue on THIS scale, then we'll talk. But please, feel free to compare Panetta's record to Halliburton all you want. :rolleyes:
 

pym

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Blow-job semen stains re-dux. HO-HUM.
Maybe cleaning house and starting over again is all thats needed.
Or better yet.......Barack can get all the Fiscal advice that he will ever need right here on the LPSG.
What with the Financial wizardry of 'STARINFESTOR' and 'FACETHING' to reference......we should have that 11 trillion dollar deficit left behind by the NEO-CONS whipped in no time flat.
We could nominate BI-IN-SOCAL and 24065 as head of national security too.
Gonna be a hell of a ride.
On-ward and Up-ward james......and don't spare the Christians!
 

faceking

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If Panetta gets sent packing too, Obama's really in deep shit.

I don't think that's happening here. For a couple reasons... I don't see enough (yet) from what you've told me, and they can't afford another shoe flung,errrr egg on Barrah's face to have it happen a 5th time.
 

faceking

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Sure... let's look at the "rhetoric" around Halliburton:
Key numbers for fiscal year ending December, 2007:
Sales: $15,264.0M
One year growth: (32.4%)
Net income: $3,499.0M
Income growth: 49.0%

Halliburton Company: Information from Answers.com
Corporate Profile - Halliburton

When we can find a "liberal" nominated by Obama who has made income gains & revenue on THIS scale, then we'll talk. But please, feel free to compare Panetta's record to Halliburton all you want. :rolleyes:

This is filled with so much folly I don't know where to start... I'm happy for you that you could research it. But these dots aren't even connected... hell they are each in their own rhetorical area code.

who is the individual at Halliburton who had $15B in revenue?

for one... you are assessing all of Halliburton to whatever nepotism you are referring to. you care to break down how much of the revenue was due to cronyism? you care to break down the political affiliations of the board of KBR/Halli in terms of parties?

ya knuckle... Penetta is an individual. Halliburton is a company.

you are going to take this as insult, but this broad brushing is pathetic.

besides, i've already called out this lame move of "bush did it" or "bush did it worse".
 

faceking

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and I'm trying to not get off topic, but answer me two questions, or you should never speak of Halliburton again....

1. How much should of Halliburton gotten in contracts during Iraq?
2. Who should of been awarded it instead, for the portions of infrastructure work they didn't deserve?
 

pym

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:wavey:Hey BLUTO....... Don't forget to add BECHTEL to the list of GWB's shortlist of No-Bid contract awardee's that racked up BILLIONS of profit out of IRAQ. Not bad for a privately held company.

Bechtel Corporation: Home
 

B_VinylBoy

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faceking said:
ya knuckle... Penetta is an individual. Halliburton is a company.

That's precisely the point. Remember your statement?
And given the rhetoric around Halliburton.... I'd be interested to hear the hypocritical rhetoric that casts Panetta's conflict....

You were the one who put this argument out there to begin with. So why look at me?
 

faceking

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That's precisely the point. Remember your statement?
And given the rhetoric around Halliburton.... I'd be interested to hear the hypocritical rhetoric that casts Panetta's conflict....

You were the one who put this argument out there to begin with. So why look at me?


I'm lost ... guess it's just me.
 

faceking

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:wavey:Hey BLUTO....... Don't forget to add BECHTEL to the list of GWB's shortlist of No-Bid contract awardee's that racked up BILLIONS of profit out of IRAQ. Not bad for a privately held company.

Bechtel Corporation: Home


There's only two firms in the world that do what they do. Hate to break it to ya.
 

pym

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A very revealing Washington post article from 2003 that shows the extent of Halliburtons No-Bid contracts that go back at least as far as 1991, Read about the 7 billion $ open contract just for putting out Iraq oil well fires during the first gulf conflict.
The sneering Dick Cheney photo {in the link} says it all:

Halliburton's Deals Greater Than Thought

I do not know how much stock CHENEY still own's from Halliburton....but with the #'s this article is citing.......he must have become IMMENSELY wealthy in the last 20 years from NO-BID Contract manipulations.

It truly makes me ashamed to be a 'Fellow American' with the likes of these.
 

pym

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There's only two firms in the world that do what they do. Hate to break it to ya.


Wrong........Here are some more:
International American Products, Perini Corporation and Contrack International, Science Applications International Corp (SAIC). KBR specialties.......
just for starters.